RD North America

Main Photo: The Ellison, a multifamily housing development owned by Preferred Apartments Date: February 2022 Name: Preferred Apartment Communities Location: USA Number of Keys: 12,000 apartments Seller: Preferred Apartment Communities Buyer: Blackstone Real Estate Income Trust A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion. Blackstone…

Main Photo: Fairfield Inn & Suites Waco North Date: February 2022 Names: Fairfield Inn & Suites Waco North, Fairfield Inn & Suites Marshall, Holiday Inn Express & Suites Dallas South Desoto Location: Texas, USA Number of Keys: 280 Seller: Avatar Hotel Group Buyer: Wolfgramm Capital, headed up by Phil Wolfgramm The Avatar Hotel Group‘s entire…

Main Photo: The Mandarin Oriental NY Date: February 2022 Name: Mandarin Oriental, New York Location: Columbus Circle, Central Park, New York, NY, USA Number of Keys: 248 rooms incl 46 suites, plus Residences, serviced by the hotel Seller: Cayman Islands-based Columbus Centre Corp (Cayman)…The hotel was acquired for $340m in 2007, by Dubai’s Istithmar, owner…

Main Photo: The new One & Only – first in the USA Date: February 2022 Name: One&Only Moonlight Basin – opening 2024 Location: Moonlight Basin, Montana, USA Number of Keys: 73 rooms and suites, 19 villas and 62 residences Seller: TBA Buyer: Lone Mountain Land Company Lone Mountain Land Company and Kerzner International Holdings have…

Main Photo: Hyatt House Tallahassee Date: January 2022 Name: McKibbon Hospitality Locations: Across USA – Key markets: Florida, Georgia and Virginia Number of Keys: 2,280 Owners: Various Brands: Marriott, Hilton, Hyatt McKibbon Hospitality, the hotel management company added an impressive 19 properties to its management portfolio in 2021, increasing its presence in key markets across…

Main Photo: The public areas at the new Motto by Hilton in New York Date: January 2022 Name: Motto by Hilton New York City Chelsea Location: West 24th Street, Chelsea Arts District, Manhattan, New York, NY, USA Number of Keys: 374 Seller: TBA Buyer: TBA Hilton announced the opening of Motto by Hilton New York City…

Main Photo: The W Hollywood Date: December 2021 Name: The W Hollywood Location: Hollywood Boulevard, Los Angeles, California, USA Number of Keys: 305 rooms and suites Seller: Host Hotels & Resorts, that acquired the hotel in 2017 for US$219m. The hotel opened in 2010, developed by Gatehouse Capital and owned in a joint venture by…

Main Photo: Hilton El Conquistador Tucson Date: December 2021 Names: Some 50 hotels across the USA under brands such as Hilton, Hyatt, IHG and Marriott Locations: Across the USA Number of Keys: TBA Seller: Prism Hotels & Resorts Buyer: Aimbridge Hospitality Dallas-based Prism Hotels & Resorts, an award-winning, full-service hotel management, investment and advisory services…

Main Photo: Hard Rock plans to build a guitar-shaped hotel on the Strip Date: December 2021 Name: The Mirage Location: Las Vegas, Nevada, USA Number of Keys: 3,044 Seller: MGM Resorts International Buyer: Hard Rock International Hard Rock International has signed an agreement to acquire the operations of The Mirage Las Vegas hotel and casino…

Main Photo: Hyatt House Tallahassee Capitol – University Date: December 2021 Names: Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol – University, and the Hampton Inn & Suites Tallahassee Capitol – University.  Location: Charlottesville, Virginia and Tallahassee, Florida, USA Number of Keys: 368 Seller: TBA…The Residence Inn opened in March 2016, and was…

Main Photo: The Seven Springs Mountain Resort, including The Slopeside Hotel Date: December 2021 Names: Seven Springs Mountain Resort in Pennsylvania, Hidden Valley Resort and the operations of Laurel Mountain Ski Area Location: An hour (60 miles) south-east of Pittsburgh, Pennsylvania, USA Number of Keys: 418 hotel and conference centre…and a lot of snow! Seller:…

Main Photo: The Trump Hotel in Washington DC Date: December 2021 Name: Currently The Trump International Hotel Washington DC…CGI is exploring a deal to rename the hotel, based in the Old Post Office building, under Hilton’s luxury brand – Waldorf Astoria Location: Pennsylvania Avenue, Washington DC, USA Number of Keys: 263 rooms and suites Seller: The…

Main Photo: The current retail store on West 34th Street, planned to become 363 key hotel Date: December 2021 Name: TBA Location: West 34th Street, Midtown New York City, NY, USA Number of Keys: 363 Owner: Wharton Properties, who filed a permit to convert the retail store to a new hotel, in April 2021. Superdry…

Main Photo: La Bellasera Hotel & Suites Date: November 2021 Name: Hampton Inn & Suites and La Bellasera Hotel & Suites – to become a Tapestry Collection by Hilton Location: Paso Robles, California Number of Keys: 141 Seller: Pacific West Hotels, a family owned business, run by Kevin Bierl and his three children Buyer: Peachtree…

Main Photo: The lobby at the new Hythe hotel Date: November 2021 Name: The Hythe, a Luxury Collection Resort, Vail Location: Vail, Colorado, USA Number of Keys: 344, including 22 suites and 16 residences Seller: The hotel was The Vail Marriott Mountain Resort, acquired by DiamondRock for $62m in 2005 from Vail Resorts Inc, who…

Main Photo: The Hyatt Place Dallas Grapevine, one of the 27 hotels acquired Date: November 2021 Names: Various under Marriott, Hilton and Hyatt brand names – see below Location: Dallas/Fort Worth, Texas, USA Number of Keys: 3,709 Seller: NewcrestImage Buyer: Summit Hotel Properties Inc. and GIC Private Limited US-based Summit Hotel Properties Inc. and joint…

Main Photo: The newly-named AKA Brickell Date: October 2021 Name: Conrad Miami, rebranded on acquisition to AKA Brickell Location: Miami, Florida, USA Number of Keys: 201 Seller: Mast Capital and Angelo Gordon & Co. Buyer: Electra America Hospitality Group (EAHG) The Electra America Hospitality Group (EAHG) has purchased the Conrad Miami hotel and has rebranded…